Bonded to a Short Lease

Bonded to a Short Lease – £795,000 for Fourth Floor at 22 Eaton Square, Belgravia, London, SW1W 9DE, United Kingdom flat on 15-year lease – Eaton Square apartment in a Grade II* listed building that has been home to both Bond star Sir Roger Moore and notorious aristocrat Lord Lucan for sale for staggering sum given it is on a lease of just 15 years. Available through estate agents Ayrton Wylie.

Eaton Square apartment in a Grade II* listed building that has been home to both Bond star Sir Roger Moore and aristocrat-who-went-missing Lord Lucan for sale for staggering sum given it is on a lease of just 15 years

Best known for playing the British secret agent James Bond in seven feature films from 1973 to 1985, Sir Roger Moore KBE (1927 – 2017) once remarked: “I enjoy being a highly paid actor.” He added: “It’s easy to sit in relative luxury and peace and pontificate on the subject of the Third World debts,” though in his various homes in such places as London, Monaco and Switzerland, he certainly illustrated that he took the bit about opulence seriously indeed.

 

Now, someone with aspirations to live like “the definitive Bond” has the opportunity to purchase an apartment in an Eaton Square building where not only he resided, but one that was also a childhood home of the most famous aristocrat to go missing ever, the 7th Earl of Lucan (born 1934, last seen alive in 1974, declared dead in 2016).

 

John Bingham, better known as ‘Lucky’ or Lord Lucan, is said to have returned to London from wartime exile in New York in February 1945 with his siblings to find: “As they walked past their home at Cheyne Walk, they realised the whole building had been bombed. Their other family home at 22 Eaton Square had no windows due to the blow of a bomb and rationing was in full swing.”

 

The apartment available now has windows complete with actual glass in-situ and is situated in what was once a single-family residence. It extends to 927 square foot and consists of a reception room with open plan kitchen, two bedrooms, one bathroom and one shower room. There are wooden floors throughout and the space has air conditioning also.

 

The fourth floor flat at 22 Eaton Square is offered by estate agents Ayrton Wylie at a price of £795,000 ($1 million, €914,000 or درهم3.7 million) or the equivalent of £53,000 per year ($66,700, €60,900 or درهم244,800 per year). Its lease expires on the 23rd February 2035 and an annual service charge of £6,779 per year ($8,526, €7,791 or درهم31,313 per year) is payable also.

 

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3 COMMENTS

  1. If you can extend the lease , it looks like a great place to have a london home to me…
    A quick check shows that ‘ Owners of apartment leases that were originally on short lease normally 20 years or less length can apply for a 90-year extension after two years’ ownership. They may even be able to acquire the freehold of their building, a process called collective enfranchisement. Both processes require the leaseholder to negotiate and pay a “premium” to the landlord.
    Might be a bargain
    Appts are worth 10m in some cases in Eaton square…

  2. For the life of me, I can never understand why anybody in their right mind would purchase lease hold. As far as I’m concerned, if you purchase it, you own it. Why would you want to purchase a property, and not own it, and pay ground rent to some landlord? doesn’t make sense.

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